Cleaning Up ($$$) Around Lake Union

I found some great money-saving AND energy-saving ideas today that I thought might help someone out. Some of them are things I wouldn’t have even dreamed of. Take this one for instance, Seattle City Light is offering a $1,500 rebate on a ductless heat pump. You can combine that with a 30% tax credit (up to $1,500 and have a pretty COOL deal 🙂

Costs, Savings & Payback Per Unit

Cost of Unit and Installation

$5,000.00

Rebate amount from SCL

$1,200.00

Federal Tax Credit (if applicable)

30% of cost,
up to $1500

Net Cost to Customer

$2,300.00

Average kWh savings per year

3900

Dollar savings per year at SCL rate of $0.08

$312.00

Payback period in years

7

Besides the rebate, tax savings and energy savings there are quite a few other benefits of the ductless heat pump:

You must agree to have your billing history made available and your energy use monitored for one year after installation.

I unfortunately live in a place that has gas hooked up to it (only for the fireplace)so it seems I wouldn’t qualify. But that doesn’t mean I’m not going to let my clients and friends know about it that I think might qualify. It will be good for them and for the environment! It’s a great program and one of those hidden secrets so pass it on!